Pair sue ex-76ers owner over $2 million feePosted by Inside Hoops
Two sports executives have sued former Philadelphia 76ers owner Comcast-Spectacor seeking a $2 million finder’s fee over the team’s October sale.
Plaintiffs Robert Whitsitt and Thomas Shine say they introduced investor Jason Levien to Comcast-Spectacor chairman Edward Snider at a lunch meeting late last year. They say they were promised $2 million if they found a purchaser and met certain other conditions.
New York-based leveraged buyout specialist Joshua Harris led an ownership group that completed the purchase in October. Levien, a former NBA player agent and Sacramento Kings executive, is one of numerous owners and investors in a group that includes co-managing owner David Blitzer and Hollywood power couple Will and Jada Pinkett Smith.
Whitsitt is the former president of the Seattle Seahawks and Portland Trailblazers. Shine is an executive at Canton, Mass.-based Reebok International Ltd.
– Via Maryclaire Dale of the Associated Press